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Nonprofit · EIN 99-0253076

HAWAII ISLAND COMMUNITY DEVELOPMENT CORPORATION

Also known as HILO LAGOON CENTRE

Tax-exempt · HILO, HI 96720

Financials

$2.2M$1.3M2023$1.8M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of HAWAII ISLAND COMMUNITY DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,836,260$1,329,512$506,748$44,365,075$30,660,643$13,704,432
December 31, 2023990$2,216,497$1,289,867$926,630$43,362,369$30,164,685$13,197,684
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$45,000
Program service revenue
$842,551
Investment income
$891,292
Net rental income
$57,417
Net gain from sales of assets
$699,880
Other revenue
$57,417

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$265,952
Other salaries and wages
$437,685
Salaries, compensation and benefits (total)
$906,793
Professional fundraising fees
$0
Occupancy
$33,810
Travel
$7,959
Depreciation
$132,297
Program services (functional)
$1,216,615
Management and general (functional)
$112,897

Balance sheet and other

Total assets, start of year
$43,362,369
Total assets, end of year
$44,365,075
Total liabilities, end of year
$30,660,643
Net assets, end of year
$13,704,432
Land, buildings and equipment
$14,924,213
Net assets without donor restrictions
$13,704,432
Gross receipts
$3,236,380
Employees
9
Volunteers
0
Year formed
1986
State of legal domicile
HI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
KEITH KATOEXECUTIVE DIRECTOR
Key employee
20$56,864$137,917$2,274
JEREMY MCCOMBERCHIEF OF OPERATIONS
Officer
40$120,256$0$4,878
JAN MAKANANICHIEF FINANCIAL OFFICER
Officer
30$88,832$29,782$3,602
ROGER HARRISDIRECTOR
Trustee or director
1$0$0$0
JOHN RAYVICE PRESIDENT
Trustee or director, Officer
1$0$0$0
NANCY CRAWFORDPRESIDENT
Trustee or director, Officer
1$0$0$0
ROSS WILSONDIRECTOR
Trustee or director
1$0$0$0
VIRGINIA GOLDSTEINSECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
RICHARD HADIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KEITH KATOEXECUTIVE DIRECTOR
Key employee
20$55,208$133,900$2,208
JEREMY MCCOMBERCHIEF OF OPERATIONS
Highest-paid employee
40$125,842$0$5,101
JAN MAKANANICHIEF FINANCIAL OFFICER
Highest-paid employee
30$95,348$28,915$3,862
GUIDO GIACOMETTIDIRECTOR
Trustee or director
1$0$0$0
JOHN RAYVICE PRESIDENT
Trustee or director, Officer
1$0$0$0
NANCY CRAWFORDPRESIDENT
Trustee or director, Officer
1$0$0$0
ROSS WILSONDIRECTOR
Trustee or director
1$0$0$0
VIRGINIA GOLDSTEINSECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
RICHARD HADIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
100 PAUAHI ST STE 204, HILO, HI 96720-3046
Principal officer (990 for 2024)
NANCY CRAWFORD, 100 PAUAHI STREET STE 201, HILO, HI 96720
Signed the 990
NANCY CRAWFORD, PRESIDENT
Phone
(808) 969-1158
Return prepared by
TAKETA IWATA HARA & ASSOCIATES LLC

Mission

HAWAII ISLAND COMMUNITY DEVELOPMENT CORPORATION WAS ESTABLISHED ON JULY 7, 1986, TO PROVIDE FAMILIES WITH LOW AND MODERATE INCOME WITH ADEQUATE HOUSING AND TO ACQUIRE, CONSTRUCT AND PROVIDE HOUSING RELATED ACTIVITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • HICDC HAS BEEN DEVELOPING SELF-HELP HOUSING SINCE 1992. THROUGH 2024, HICDCCOMPLETED 401 HOMES FOR LOW INCOME FAMILIES, ALMOST ALL OF WHICH ARE ON THE ISLAND OF HAWAII. HICDC IS ALSO WORKING WITH ANOTHER 20 FAMILIES TO COMPLETE SELF HELP HOMES IN THE AINALOA PHASES 3-4 PROJECTS.
    Expenses $1,216,615 · revenue $899,968
  • HICDC HAS DEVELOPED 13 PROJECTS FOR LOW-INCOME RESIDENTS ON THE ISLAND OF HAWAII.THESE 13 PROJECTS HAVE A TOTAL OF 523 UNITS MOST OF WHICH HAVE FEDERAL RENTAL ASSISTANCEAS OF DECEMBER 31, 2024, THE OTHER RENTAL PROJECT IN THE PIPELINE IS THE HALE OLA O MOHOULI PROJECT, A 90-UNIT FAMILY AND SENIOR RENTAL PROJECT IN HILO.
  • FROM 1996 THROUGH 2018, HICDC HAS DEVELOPED SEVEN SUBDIVISIONS FOR A TOTAL OF 174 LOTS. HICDC IS IN THE PROCESS OF DEVELOPING TWO (2) MORE SUBDIVISIONS TOTALING 75 LOTS FOR AFFORDABLE HOUSING.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
99-0253076
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$44,365,075
Income (IRS master file)
$3,236,380

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,836,260$1,329,512$44,365,075IRS
990December 2023$2,216,497$1,289,867$43,362,369XML
990December 2022$1,165,639$1,178,589$37,304,021IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 99-0253076).

Questions about HAWAII ISLAND COMMUNITY DEVELOPMENT CORPORATION

What is the EIN of HAWAII ISLAND COMMUNITY DEVELOPMENT CORPORATION?
The employer identification number (EIN) of HAWAII ISLAND COMMUNITY DEVELOPMENT CORPORATION is 99-0253076.
Is HAWAII ISLAND COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to HAWAII ISLAND COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HAWAII ISLAND COMMUNITY DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HAWAII ISLAND COMMUNITY DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HAWAII ISLAND COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HAWAII ISLAND COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names NANCY CRAWFORD.
Who are the officers and directors of HAWAII ISLAND COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 9 people; 3 received compensation from the organization, the highest $56,864 (KEITH KATO, EXECUTIVE DIRECTOR).
How much revenue does HAWAII ISLAND COMMUNITY DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,836,260, expenses of $1,329,512 and total assets of $44,365,075 at year end.

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